Government grabs BoE cash for short-term boost

http - November 9th, 2012

LONDON (Reuters) - Britain's cash-strapped government said on Friday it would grab an expected 35 billion pound windfall from the Bank of England's bond-buying programme to reduce short-term borrowing. Related Stories Iran, U.N. nuclear agency to resume talks in December SFO expecting major developments in Libor probe New York rations gasoline; storm victims still in the dark Britain ending

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